Contractors gold mine in Colfax with almost 7 percent cap rate. 6.3 acres on two parcels with 4 rental units and two potential building pads available. One of the pads has a well on it and power is very close. Property is close to town and the 80 freeway for your commute. Parcel A is 1.9 acres Parcel B on 4.4 acres. Each unit has its own parking, laundry area, storage/work area. Per County zoning, Parcel B may be subdivided into minimum 1 acre parcels. this property includes 120, 130, 170, 180 George Court. 4 units 7 bedrooms, 4 baths, 3 septic systems, 2 wells. Buyer to verify sq. footage per unit and zoning specifics from Placer County. 24 hour notice is required.
Welcome to this mulit-unit property it features a Duplex and 4 studio cabins. Also a brand new Boat/RV gated storage business. Duplex top unit has 4 bedroom 2 bath and bottom unit has 3 bedroom 1 bath. 2 year old roof on the duplex. Updated paint and flooring. A couple of the Studio's have new flooring and new paint.
The median home value in Colfax, CA is $481,800. This is lower than the county median home value of $642,000. The national median home value is $338,100. The average price of homes sold in Colfax, CA is $481,800. Approximately 49.29% of Colfax homes are owned, compared to 44.63% rented, while 6.08% are vacant. Colfax real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Colfax real estate agent to arrange a tour today!
Colfax, California has a population of 2,289. Colfax is more family-centric than the surrounding county with 51.18% of the households containing married families with children. The county average for households married with children is 34.43%.
The median household income in Colfax, California is $69,844. The median household income for the surrounding county is $99,734 compared to the national median of $69,021. The median age of people living in Colfax is 35.6 years.
The average high temperature in July is 87.3 degrees, with an average low temperature in January of 34.3 degrees. The average rainfall is approximately 47.1 inches per year, with 10.2 inches of snow per year.